The Japanese automaker’s bottom line is likely to have been hit by its many safety recalls, weaker U.S. sales and Japan’s rising currency. Analysts forecast Toyota will report a quarterly profit of about $1 billion on sales of …
News Corp. more than doubled its earnings for the fiscal second quarter, the company announced Wednesday. Part of the gain comes from a settlement charge a year earlier, which dampened year-ago earnings on a one-time basis. The…
With trillions of dollars sitting in corporate coffers, the spigots of capital flowing to technology are finally opening up again. Gartner Research projects 5.1% growth in information technology spending in 2011. So which compa…
The all-important January employment reports come out this week. Also worth watching for are a host of earnings releases, led by economic bellwhether UPS. The package deliverer is expected to post strong results.
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Just a day after Apple announced that CEO Steve Jobs was off on his third medical leave since 2004, the stock’s already on the rebound. The company smashed its first-quarter earnings expectations, thanks to soaring Asia-Pacific…